TORONTO — Sleep Country Canada Holdings Inc. has opened a new distribution centre and head office in the Greater Toronto Area designed to help fuel the next phase of the company’s aggressive growth plans.
The new 140,000 square foot facility in Brampton, offers 76 percent more cubic space than the current location, which will give the GTA region much more capacity to support our aggressive growth plans for years to come. This timely expansion will allow Sleep County to accommodate future store openings, support growth in new categories such as lifestyle bases and accessories.
“Our new facility reflects Sleep Country’s business growth and strength as market leader, as well as an investment in our company’s culture. We are committed to fostering internal growth and this space will help our amazing teams continue to innovate our brick and mortar stores and grow our exciting new e-commerce business,” said Dave Friesema, CEO of Sleep Country Canada.
The company’s ever growing 244 store base coupled with the new e-commerce platform necessitated the move to a larger space.
Along with the state-of-the-art distribution centre, the new facility will house an open-concept head office space for over 165 employees. The new office which encourages cross functional collaboration, will feature many aspects of Sleep Country’s new open-concept store design, and will include meeting areas throughout, state of the art audio-visual capabilities, and a dedicated area for photo shoots.
After 22 years in its original distribution centre – which supported unrivaled business growth in the GTA – Sleep Country’s move to an enhanced facility reflects the company’s impressive run of success. As at June 30, 2017 Sleep Country’s last 12 months of revenue was $553.6 million, which reflects a growth of 13.2 percent over the previous 12 months. The second quarter of 2017 also marked Sleep Country’s 16th consecutive quarter of same store sales growth, with revenue increasing 10.7 percent to $133.0 million, up from $120.2 million in Q2 2016.